ai4bharat/Pralekha huggingface dataset:
Ministry of Power
REC records its highest ever quarterly and yearly profit at Rs. 3,001 Cr. and Rs. 11,055 Cr. respectively
Owing to the improving asset quality and resolution of stressed assets, REC recorded highest ever quarterly and yearly profit at ₹ 3,001 crores and 11,055 crores respectively.
The Board of Directors of REC Limited approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2023 in its meeting at Mumbai today.
As a result, the EPS  for the year ended 31st March 2023 stands at ₹ 41.86 per share as against ₹ 38.02 per share as at 31st March 2022.
Aided by growth in profits, the Net Worth has grown to ₹ 57,680 crores as on 31st March 2023, an increase of 13% YoY. The loan book has maintained its growth trajectory and has increased by 13% to ₹ 4.35 lakh crore as against ₹ 3.85 lakh crores as on 31st March 2022. Signifying improving asset quality, the Net Credit-impaired assets have reduced to 1.01% with Provision Coverage Ratio of 70.64% on NPA assets, as on 31st March 2023. The Capital Adequacy Ratio of the Company stands at a comfortable 25.78% as on 31st March 2023, implying ample opportunity to support the future growth.
Operational and Financial Highlights –12M FY23 vs 12 FY22 
Disbursements: ₹ 96,846 crores vs. ₹ 64,150 crores
Interest Income on Loan Assets: ₹ 38,360 crores vs. ₹ 37,811 crores, up 1%
Net Profit: ₹ 11,055 crores vs. ₹ 10,046 crores, up 10%
About REC Limited: REC Limited is an NBFC focusing on Power Sector Financing and Development across India. Established in 1969, REC Limited has completed over fifty years in the area of its operations. It provides financial assistance to complete power sector value chain; for various types of projects including Generation, Transmission, Distribution and Renewable Energy. REC’s funding illuminates every fourth bulb in India.
Website: https://www.recindia.nic.in/
Facebook: https://www.facebook.com/reclindia
Twitter: https://twitter.com/reclindia
Instagram: https://www.instagram.com/reclindia/
LinkedIn: https://www.linkedin.com/company/reclindia/
Prime Minister's Office
PM condoles passing away of Shri Buta Singh
The Prime Minister Shri Narendra Modi has expressed deep grief over the demise of Shri Buta Singh.
In a tweet, Shri Modi said
"Shri Buta Singh Ji was an experienced administrator and effective voice for the welfare of the poor as well as downtrodden. Saddened by his passing away. My condolences to his family and supporters."
Ministry of Chemicals and Fertilizers
Pradhan Mantri Bhartiya Janaushadhi Pariyojana  achieves the target of FY 2021-22 in just 6 months
PMBJP stores increase to 8308, covering all districts across the country
Medicines available under PMBJP priced 50%-90% less than branded ones
Pharmaceuticals & Medical Devices Bureau of India , the implementing agency of Pradhan Mantri Bhartiya Janaushadhi Pariyojana  has completed the target of opening of 8,300 Mantri Bhartiya Jan Aushadhi Kendras  for the FY 2021-22 before end of September, 2021. All the districts of the country have been covered under Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana . Effective IT-enabled logistics and supply-chain systems for ensuring real-time distribution of medicines at all outlets have also been introduced.
Product basket of PMBJP presently comprises 1,451 drugs and 240 surgical instruments. Further, new medicines and nutraceutical products like glucometer, protein powder, malt-based food supplements, protein bar, immunity bar, etc. have been launched.
With a vision to provide quality medicines at an affordable rate to the common man especially the poor, Government has set a target to increase the number of Pradhan Mantri Bhartiya Janaushadhi Kendras  to 10,000 by March 2024. As on 5th October, 2021, the number of stores has increased to 8355. These kendras will ensure easy access of affordable medicine to the people in every nook and corner of the country.
At present three warehouses of PMBJP are functional at Gurugram, Chennai & Guwahati and fourth one is under construction at Surat. Further, 37 distributors have been appointed across the country to support the supply of medicines to remote and rural areas.
“Janaushadhi Sugam” a mobile application for Pradhan Mantri Bhartiya Janaushadhi Pariyojana  facilitates the public by providing a digital platform at the tip of their fingers.
Under the Scheme, medicines are procured from World Health Organization – Good Manufacturing Practices  certified suppliers for ensuring the quality of the products. Apart from this, each batch of drug is tested at laboratories accredited by ‘National Accreditation Board for Testing and Calibration Laboratories’ . Only after passing the quality tests, the medicines are dispatched to PMBJP Kendras. Medicines available under PMBJP are priced 50%-90% less than that of branded prices. During the financial year , PMBJP has achieved sales of Rs. 665.83 crores  during the last financial year. This has led to savings of approximately Rs. 4,000 crores of the common citizens of the country.
In the wake of COVID 19 crisis, Pradhan Mantri Bhartiya Janaushadhi Pariyojana  has been rendering essential services to the nation. The stores remained functional during lockdown and maintained operations as part of their commitment to ensure uninterrupted availability of essential medicines.
Ministry of Railways
Shri N. Kashinath, Indian Railway Service of Signal Engineers Officer takes over as Member  Railway Board
Shri N. Kashinath took over as Member  Railway Board on 16.04.2019. Shri N. Kashinath belongs to the 1980 Batch of the Indian Railway Service of Signal Engineers  with his lien on Southern Railway. Prior to this assignment, he was working as DG , Railway Board since August, 2018.
He has graduated in Electronics and Telecommunication Engineering from Government Engineering College, Jabalpur. After passing out in the year 1980, he worked for about 1½ years in National Thermal Power Corporation  before joining the Railways in February, 1982.
He was associated with various projects like the Train Describer Project undertaken on Northern Railway, initial deployment of Optical Fibre Cable on various sections of Northeast Frontier Railway and also in the Survey for the Mobile Train Radio Communication  Project using GSMR on Northeast Frontier Railway. In 2003, he was posted as Chief Signal Engineer  and Chief Signal and Telecom Engineer  in Southern Railway, where he was associated with the 1st Train Protection Warning System  Project of Indian Railway which was commissioned in 2008.
Thereafter, in July, 2010, he moved to Visakhapatnam as Divisional Railway Manager and in 2012 to South Eastern Railway/Kolkata as Chief Safety Officer. Later he worked as Principal Chief Signal and Telecom Engineer on Metro Railway, Kolkata and Principal Chief Signal and Telecom Engineer on South Eastern Railway. He worked as Additional Member/Signal Railway Board in October, 2016 and subsequently, he was promoted as DG  in August, 2018.
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Ministry of Railways
RPF conducts month long Pan India Drive against touts under Operation Upalabdh
1459 touts arrested, 366 IRCTC agent IDs and 6751 personal Ids blocked as part of drive
With the restoration of long distance train services and likelihood of the festival and summer rush, sharp rise in demand of reserved train accommodation was expected in the month of March 2022. Taking note of the input, Railway Protection Force  geared up its efforts and launched a pan India drive against activities of touts throughout the country in the Month of March 2022. The field units of RPF gathered inputs from the field, digital and cyber world, collated, verified and analysed information and started the drive across the nation from 1st March 2022. The drive was immensely successful and resulted in arrest of 1459 touts, out of which 341 were authorised IRCTC agents but also indulged in touting of railway tickets. The process of blacklisting these IRCTC agents and blocking as many as 366 IRCTC agent IDs and 6751 personal Ids is being undertaken. The arrest of touts is about 3.64 times the figure of the previous month i.e. February 2022. The tickets of future journey of value more than Rs 65 Lakhs cornered by these touts illegally were recovered and blocked thus making these seats available to the bonafide passengers.
The month long drive under Operation Upalabdh has been able to curb the activities of touts substantially and make railway tickets available to the common man. Indian Railways advises the common public not to procure tickets from unauthorised persons as it is not only likely to be forfeited once detected, but may also land the buyer in legal trouble.
Operation Upalabdh by RPF against touts of railway tickets will continue with same vigour and intensity in future too.
Prime Minister's Office
PM extends best wishes on Milad-un-Nabi
The Prime Minister, Shri Narendra Modi has extended his best wishes on the occasion of Milad-un-Nabi.
In a tweet, the Prime Minister said;
"Best wishes on Milad-un-Nabi. May this occasion further the spirit of peace, togetherness and compassion in our society. Eid Mubarak."
Prime Minister's Office
PM greets people on Mahavir Jayanti
The Prime Minister, Shri Narendra Modi has said that the message of Lord Mahavir teaches us about peace and self-discipline. On the auspicious occasion of Mahavir Jayanti, the Prime Minister prayed to lord Mahavir for health for all and success for our efforts.
Ministry of Electronics & IT
In the age of employee-entrepreneurs - captive model could fail, says MoS Shri Rajeev Chandrasekhar on moonlighting
Addresses 9th Annual Forum 2022 of the Public Affairs Forum of India
The Union Minister of State for Electronics & IT and Skill Development, Shri Rajeev Chandrasekhar has said that this is the age of employee-entrepreneurs and the corporates/ companies must now understand that there has been a structural shift in the minds and attitudes of the young Indian tech workforce. He was addressing the 9th Annual Forum 2022 of the Public Affairs Forum of India , here today.
Speaking about the issue of moonlighting-where employees work for more than one employer simultaneously, the Minister said the days when employees signed up with big tech majors and spent their lives on the job were long gone. “Today’s youngsters have every sense of confidence and purpose about wanting to monetise, create more values put of his or her own skills. So, the efforts of companies that want to pin their employees down and say that you should not work on your own start-up are doomed to fail,” he said.
“Any captive models will fade. Employers expect employees to be entrepreneurial while serving them. The same people can apply it personally to themselves. Time will come where there will be a community of product builders who will divide their time on multiple projects. Just like lawyers or consultants do. This is the future of work,” he elaborating while agreeing that the moonlighting should not be in violation of any contractual obligations.
Responding to a query on production linked incentive plan  announced by the Government in 2015, Shri Chandrasekhar said that India’s manufacturing sector was lying in a defunct state in 2014 when Prime Minister, Shri Narendra Modi took over.
“PM Shri Modi systematically built back the manufacturing sector with PLI and other programmes in the past 6-7 years so much so that the world today is looking at India, apart from Vietnam and Taiwan as a trusted source of technology. The reason why we feature in the name list is because of the visionary policies of the Prime Minister,” Shri Chandrasekhar pointed out.
About the Digital India Bill that will soon be referred for consultations with stakeholders, the Minister said that the Bill will be more architectural and address specific changes and disruptions in the technology space.
Ministry of Power
PM to address the first post-budget webinar on Green Growth on 23rd February
It is a part of 12 post-budget webinars being organized by government to seek ideas for implementation of budgetary announcements
Webinar to be attended by stakeholders including prominent industrialists, experts and state government officials
12 initiatives announced in Union Budget on Green Growth to be discussed in six parallel sessions
Ministries to prepare time-bound action plans based on stakeholder inputs
Prime Minister Shri Narendra Modi will address the first post-budget webinar on Green Growth on 23rd February 2023 at around 10 AM. It is the first of a series of 12 post-budget webinars being organized by the government to seek ideas and suggestions for effective implementation of the initiatives announced in Union Budget.
The webinar will have six breakout sessions covering both energy and non-energy components of Green Growth. Union Ministry of Power is the lead ministry for this webinar. Besides Ministers and Secretaries of concerned Central Government Ministries, a host of stakeholders drawn from state governments, industry, academia & research institutions and public sector would attend these webinars and contribute through suggestions for better implementation of budgetary announcements.
Green growth is one of the seven top priorities of the Union Budget 2023-24 for ushering in the country green industrial and economic transition, environmental friendly agriculture and sustainable energy. It will also generate large number of green jobs. The Union Budget has envisaged a number of projects and initiatives spread across various sectors and ministries viz. Green Hydrogen Mission, Energy Transition, Energy Storage Projects, Renewable Energy Evacuation, Green Credit Program, PM-PRANAM, GOBARdhan Scheme, Bhartiya Prakritik Kheti Bio-Input Resource Centres, MISHTI, Amrit Dharohar, Coastal Shipping and Vehicle Replacement.
Each post-budget webinar will have three sessions. It will start with a plenary opening session which would be addressed by the Prime Minister. This session will be followed by separate breakout sessions on various themes which would take place in parallel. Finally, the ideas from the breakout sessions would be presented during the plenary concluding session. Based on inputs received during the webinar, concerned ministries would prepare a time-bound action plan for implementation of budget announcements.
Ministry of Finance
Cabinet approves Agreement between the Government of India and the Government of the United Kingdom of Great Britain and Northern Ireland on Customs Cooperation and Mutual Administrative Assistance in Customs Matters
The Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the signing and ratification of an Agreement between the Government of Republic of India and the Government of the United Kingdom of Great Britain and Northern Ireland on Customs Cooperation and Mutual Administrative Assistance in Customs Matters.
Impact:
The Agreement will help in the availability of relevant information for the prevention and investigation of Customs offences. The Agreement is also expected to facilitate trade and ensure efficient clearance of goods traded between the countries.
Implementation strategy and targets:
The Agreement will be signed on behalf of the Governments of the two countries after it is approved by the respective Governments. This Agreement shall enter into force from the first day of the month following signature by duly authorised representative of both parties.
Background:
The Agreement would provide a legal framework for sharing of information and intelligence between the Customs authorities of the two countries and help in the proper application of Customs laws, prevention and investigation of Customs offences and the facilitation of legitimate trade. The draft text of the proposed Agreement has been finalized with the concurrence of the two Customs Administrations. The Agreement takes care of Indian Customs' concerns and requirements, particularly in the area of exchange of information on the correctness of the Customs value, tariff classification and origin of the goods traded between the two countries.
Ministry of Communications
Shri Devusinh Chauhan to lead the Indian delegation to take part in the Plenipotentiary Conference 2022 in Bucharest, Romania
The Minister of State for Communications, Shri Devusinh Chauhan will be leading the Indian delegation to take part in the Plenipotentiary Conference 2022  of ITU  and last meeting of the 2022 session of ITU Council from 24th September to 14th October, 2022 in Bucharest, Romania. During the conference, elections will be held from among Member States to constitute next ITU Council for the term 2023-26. The elections of the Secretary General, the Deputy Secretary General, the Directors of Bureaus as well as Members of Radio Regulations Board of ITU have also been scheduled.
India has put up its candidature to be re-elected as a Member of the next ITU Council. Smt. M. Revathi, a senior officer in the Department of Telecommunications has Also been fielded for the post of Member, Radio Regulations Board.
The Minister of State for Communications would participate in the Ministerial Round Table on “Building a better digital future for all” where he will showcase the giant leaps made by India in the field of telecommunications during last decade. It will include impending launch of commercial 5G mobile services in the country, providing mobile services to all uncovered villages by the end of 2023, extending optical fiber to all 6.4 lakhs villages and development of fully indigenous 4G stack and 5G stack under Atmanirbhar Bharat initiatives.
Shri Chauhan will also be touching upon the digital India programme, a flagship programme of the Government of India, which stresses on faceless, paperless and cashless functioning to transform India into digitally empowered society and knowledge economy. Robustness and popularity of Digital Payment System of India is a great case study for the entire world. Apart from above, he will highlight the success of CoWIN for Covid vaccination programme, Aadhaar-Unique Identification Number, DIKSHA for online education, UPI for Banking, UMANG App which provides more than 200 e-governance services and more than lakh Common Service Centers for providing e-governances facilities in the villages.
The Minister will participate in Commonwealth Ministerial Round Table as well as the Heads of Delegation Meeting. He will also be making a policy statement on “Connect and Unite” on behalf of India. Several bilateral meetings with various friendly foreign countries have also been scheduled during the event to deepen the existing collaboration and explore the possibilities of collaboration in new areas of mutual interest.
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UPSC
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The final result of Civil Services Examination , 2022 has been declared today, the 23rd May, 2023. Highlights of the result are given below:
- The Civil Services  Examination, 2022 was conducted on 5th June, 2022. A total of 11,35,697 candidates applied for this examination, out of which 5,73,735 candidates actually appeared in the examination.
- A total of 13,090 candidates qualified for appearance in the Written  Examination which was held in September, 2022.
- A total of 2,529 candidates qualified for the Personality Test of the examination.
- A total of 933 candidates  have been recommended by the Commission for appointment to various Services.
- Among the finally qualified candidates, top four are women candidates.
- Ms. Ishita Kishore  has secured the first position in the Civil Services Examination, 2022. She qualified the examination with Political Science and International Relations as her optional subject. hShe has graduated in Economics  from Shri Ram College of Commerce, University of Delhi.
- Ms. Garima Lohia , a graduate in Commerce from Kirorimal College, University of Delhi, secured second rank with Commerce and Accountancy as her optional subject.
- Ms. Uma Harathi N , a graduate  in Civil Engineering from IIT, Hyderabad stood third in the rank with Anthropology as her optional subject.
- Ms. Smriti Mishra , a graduate  from Miranda House College, University of Delhi stood fourth in the rank with Zoology as her optional subject.
- The top 25 candidates comprise 14 women and 11 men.
- Educational qualifications of top 25 successful candidates range from graduation in Engineering; Humanities; Science; Commerce and Medical Science from premier Institutions of the country such as IIT, NIT, DTU, Gauhati Medical College, University of Health Science, University of Delhi, Gujarat National Law University, Jadavpur University, Jiwaji University etc.
- Top 25 successful candidates have opted for subjects like Anthropology, Commerce & Accountancy, Economics, Electrical Engineering, Law, History, Mathematics, Political Science & International Relations, Philosophy, Sociology and Zoology as their optional choice in the Written  Examination.
- The recommended candidates also include 41 Persons with Benchmark Disability .
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SNC/PK
Ministry of Road Transport & Highways
Draft notification proposing Motor Third Party Premium and Liability Rules for the Financial Year  2023-24 in consultation with Insurance Regulatory and Development Authority of India  issued
The Ministry of Road Transport and Highways  has issued a draft notification G.S.R 441 dated 14.06.2023, proposing Motor Third Party Premium and Liability Rules for the Financial Year  2023-24, in consultation with Insurance Regulatory and Development Authority of India .
In line with section 147 of the Motor Vehicles  Act, 1988, MoRTH prescribes the base premium rates for motor third party insurance from time to time. In the said rules, base premium for third party insurance for unlimited liability has been proposed for various classes of vehicles.
Following discounts in premium are also proposed to be allowed in the said rules:
• A discount of 15% has been proposed for educational institution buses.
• A discount of 50% has been proposed for a private car registered as Vintage Car.
• A discount of 15% and 7.5% has been proposed for Electric vehicles and Hybrid Electric Vehicles, respectively.
Further, a reduction of about 6.5% in the base premium rate has been proposed for 3-wheeled passenger carrying vehicles. Comments and suggestions are invited from all stakeholders within a period of thirty days.
Click here to see the gazette notification.